Adequate resistance of materials corrosion is equally important for classical and for new technologies. This article considers the economic consequences of corrosion damage and, in addition to the long-known GNP orientation, presents a new approach to the estimation of the costs of corrosion and corrosion protection via maintenance and especially corrosion-related maintenance. The significance of "high-tech", "medium-tech" and "low-tech" material and corrosion problems is assessed. Selected examples taken from new technologies in the areas of power engineering, environmental engineering, chemical engineering, and biotechnology demonstrate the great significance of the problems. It is concluded that corrosion research and corrosion prevention technology will never come to an end but will constantly face new problems. Two technologies are of particular interest since they focus attention on new methods of investigation : microelectronics and final disposal of radioactive wastes. The article closes by considering the importance of the transfer of experience and technology. Since the manufacturs and operators of machines and plant do not generally have access to the very latest knowledge, they should be kept informed through advisory services, experimental studies, databases, and further education.